106-83 Bonds for Hospial - Laserfiche WebLink

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operation of law or who or which are lawfully performing such functions, duties or responsibilities. Any reference to a section or provision of the Constitution of the State, of the Ohio Revised Code, or of Federal or State laws and regulations, shall include such section or provision as from time to time amended, modified, revised, supplemented, or superseded, provided that no such change in the Constitution or laws shall be deemed applicable by reason of this provision if such change would in any way constitute an impairment of the rights of the Issuer, the Bondholders or the Trustee under the Indenture or an alteration of the obligation to pay the Bond Service Charges in the amount and manner, at the times, and from the sources provided in the applicable Series Bond Legislation and the Indenture, except as otherwise herein per- mitted. Unless the context shall otherwise indicate, words importing the singular number shall include the plural number, and vice versa, and the terms t'hereof", t~herein", "hereby, "hereto", "hereunder" and similar terms refer to this Bond Legislation and the Indenture. Section 2. Authority. This Bond Legislation is adopted pursuant to Article XVIII, Section 3 of the Constitution of the State and pursuant to the Issuer's Charter. Section 3, Authorization of Series 1983 Bonds. For the pur- poses referred to in Section 4 hereof, the Legislative Authority hereby authorizes the issuance of a Series of Bonds in an aggregate principal amount to be determined in the Certificate of Award in accordance with Section 5(1) hereof, and to be designated "Six-Month Demand Floating Rate Subordinated Hospital Improvement Revenue Bonds, Series 1983". Section 4. Purpose of Issuance of Series 1983 Bonds. The Series 1983 Bonds authorized an Section 3 hereof shall be issued for the proper public municipal purpose of paying Costs of Hospital Facilities; specifically, a portion of the costs of acquiring the Medical Office Building and the costs of issuance the Series 1983 Bonds. Section 5. Terms and Provisions Applicable to the Series 1983 Bonds. (a) Form and Numbering. The Series 1983 Bonds shall be issued only in fully registered form, shall be exchangeable only for other fully registered Bonds in the manner and on the terms provided in the Indenture, and shall be numbered as determined by the Fiscal Officer. (b) Denomination and Dates. Series 1983 Bonds shall be in the denomination of $5,000 or any integral multiple thereof permitted by the Indenture. The Series 1983 Bonds initially delivered to the Original Purchaser shall be dated as set forth in the Certificate of Award. Any Series 1983 Bonds authenticated subsequent to the initial delivery of -15-